Fashion
North India cotton yarn prices rise in Ludhiana amid export demand
Cotton yarn prices further increased by ****;** per kg in the Ludhiana market. Spinning mills are raising their mill rates to pass on additional burden of rising cotton prices. A trader from Ludhiana market told Fibre*Fashion, ““Indian spinning mills are receiving support from export markets as mills in Bangladesh and Vietnam continue to face energy-related disruptions amid the ongoing war situation. As a result, the textile and apparel industries in both countries are increasingly sourcing cotton yarn from Indian spinners.”
In Ludhiana, ** count cotton combed yarn was sold at ****;***–*** (~$*.**–*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at ****;***–*** (~$*.**–*.**) per kg and ****;***–*** (~$*.**–*.**) per kg, respectively; and carded yarn of ** count was noted at ****;***–*** (~$*.**–*.**) per kg today, according to trade sources.